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Swimtech Pools Inc. (SPI) reported the following in its financial statements for the quarter ended March 31, 2018 December March 31, 31, 2017 2018 Common

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Swimtech Pools Inc. (SPI) reported the following in its financial statements for the quarter ended March 31, 2018 December March 31, 31, 2017 2018 Common Stock, $1 par, 53,000 shares outstanding Additional Paid-In Capital Retained Earnings 53,000 $53,000 31,800 21,200 $106,000 $106,000 31,800 21,200 Total Stockholders' Equity During the quarter ended March 31, SPI reported Net Income of $6,890 and declared and paid cash dividends totaling $6,890 Required 1. Calculate earnings per share (EPS) and return on equity (ROE) for the quarter ended March 31 2. Assume SPI repurchases 10,300 of its common stock at a price of $2 per share on April 1, 2018. Also assume that during the quarter ended June 30, 2018, SPI reported Net Income of $6,890 and declared and paid cash dividends totaling $6,890. Calculate earnings per share (EPS) and return on equity (ROE) for the quarter ended June 30, 2018 Complete this question by entering your answers in the tabs below. Required1Required 2 Calculate earnings per share (EPS) and return on equity (ROE) for the quarter ended March 31. (Round "Earnings per Share to 2 decimal places and "Return on Equity" to 1 decimal place.) Earnings per Share Return on Equity Required Required 2> Assume SPI repurchases 10,300 of its common stock at a price of $2 per share on April 1, 2018. Also assume that during the quarter ended June 30, 2018, SPI reported Net Income of $6,890 and declared and paid cash dividends totaling $6,890 Calculate earnings per share (EPS) and return on equity (ROE) for the quarter ended June 30, 2018. (Round "Earnings per Share" to 3 decimal places and "Return on Equity" to 1 decimal place.) Show less Earnings per Share Return on Equity Renuired 2

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